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Grange Holdings believes that Kansas Metropolis Life Insurance coverage Firm could also be taking too lengthy to surrender the Grange Life Insurance coverage Firm title.
Grange, an insurer based mostly in Columbus, Ohio, bought its Grange Life subsidiary to Kansas Metropolis Life for $77.2 million in 2018. Kansas Metropolis Life agreed to finish use of the Grange Life title after 5 years, with an extra 90-day phase-out interval.
The five-year interval ended Oct. 1, and Kansas Metropolis Life has waived the correct to the 90-day phase-out interval as a result of it has refused to wind down use of the trademarked Grange Life title and the trademarked Grange Life brand, in response to a grievance filed by Grange within the U.S. District Court docket for the Southern District of Ohio.
Grange is asking the court docket for declaratory judgment that might pressure Kansas Metropolis Life to cease utilizing the Grange Life title and brand. It has requested the court docket to schedule a non-jury trial that might begin round June 3.
Kansas Metropolis Life argued in a movement to dismiss that Grange filed the lawsuit within the unsuitable discussion board, as a result of an settlement on discussion board choice clauses requires the case to be filed in both a state court docket in Delaware or a federal court docket in Delaware.
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